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Tom Kim focuses on positives after Travelers playoff loss to Scheffler
Korea’s Tom Kim held his head high at the Travelers Championship on Sunday after enduring a playoff loss to this season’s most dominant golfer on the planet.
Central Bank to auction Wadia's Thane land for 1,965cr to recover GoAir debt
MUMBAI: Over 94 acres of land owned by Wadia Realty at Bhayanderpada on Thane's Ghodbunder Road will be auctioned by Central Bank of India next month at a reserve price of Rs 1,965 crore to recover loans to Go Airways.This auction comes in the wake of Wadia Realty being the mortgagor and corporate guarantor of the airline, which has defaulted on its loans.The property, mortgaged to Central Bank of India, Bank of Baroda, and IDBI Bank, will be sold under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002.The auction, scheduled for July 22, aims to recover a part of the total outstanding of Rs 3,918 crore, representing the principal amount along with accrued interest due as of August 31, 2023. The earnest money deposit requirement is Rs 98 crore equivalent to 5% of the reserve price.This decision follows the bankruptcy of Go Airlines, now undergoing insolvency resolution proceedings under the Insolvency and Bankruptcy Code.
Press Release - Poe on LTO plan to penalize unregistered car sale
The intention of the LTO to penalize the unregistered sale or mortgage of vehicles is laudable.
Global Dominion commits to further introducing Sangla OR/CR in Philippines
MANILA, Philippines — Car collateral loan, also known as vehicle mortgage loan and now more commonly called Sangla OR/CR (official receipt and certificate of registration), is not a product many Filipinos are aware of.
Long-term mortgage rates ease for third straight week, dipping to just below 7%
LOS ANGELES (AP) — The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid April, a modest boost for home shoppers navigating a housing market dampened by rising prices and relatively few available properties.
Global Dominion commits to further introducing Sangla OR/CR in Philippines
MANILA, Philippines — Car collateral loan, also known as vehicle mortgage loan and now more commonly called Sangla OR/CR (official receipt and certificate of registration), is not a product many Filipinos are aware of.
Isabela sees socialized condo
MANILA, Philippines — A socialized condominium in Isabela will be developed to propel the government’s affordable housing program.